Well as you said the market calls the tune. Today, 550k came in as 'buys' & 165k as 'sells'.
Longer term the markets adjusted due to consolidation within the Anite' market. You cannot blame the company for that. In fact it is diversifying within a very healthy market for it's products at the moment with no clouds on the horizon (as per last IMS).
Unless you live in cloud cuckoo land prices never rise in a straight line. Life has it's up's & down's as do share prices.
As for the company being a 'Turkey' you had best notify the institutions holding this companies shares.
Enjoy your Merc.
While I am on the subject of the company doing well, in my own humble opinion the BOD are doing a darn good job steering the company. I cannot comment on their Long Term Incentive plan, that I leave to the Institutions who normally monitor the matter & request adjustments. |
I dont pass judgement on Anite, nor do the mostly clueless brokers! the market does!
Winning awards does not pay my Mercedes Lease!
A rising share price and dividends do that!
Yes it has dropped 1p today on top of the 75.5 pence it has shed over the last 2 years!
If it looks like a Turkey and gobbles like one then guess what....It is a Turkey! |
 rathlindri
As a matter of interest are you intending to buy back in ?
I believe you are a non holder at the moment.
There is nothing wrong with the share or company. Neither is there anything wrong with the werty5 TA theory.
Whatever you are invested in good luck to you. I am very happy with my holding in Anite as I know the companies that I invest in have good fundamentals, as indeed do the brokers !
It has to be said Salpara111 that in all honesty you never did get to grips with what Anite were actually doing. You once criticised the cost of the channel emulator as being a non starter when in fact it has opened many doors for Anite. Not only that but it won an award for being innovative.
TBH I do not think you are the right person to pass judgment on a company like Anite. Best leave that to the brokers who at least understand what the company is doing on the tech side.
Having just looked at the current share price I see it has dropped 1p today, so why all the drama ?
werty5
Your theory looks spot on with the support level today 85.5p.
As a matter of interest how do interpret a bull flag for the stock on the pattern of the last few weeks in your own opinion. I thought it was forming before the markets fell back in the middle of last week.
It looks promising for a breakout in my own opinion. |
Best of luck with it werty5, hope it comes good for you, a nice honest summary of your reasons why also. |
Salpara agree always best to leave anything with a profit waning alone because most of the time they seem to come in 3's. I have dipped my toe back into Anite because of the recent more upbeat statement and because of what the chart seemed to show although the jury is still out on the chart I would say it is possible that finally better days might be ahead. Stop loss is set tight and if triggered could be back to the drawing board but going to give it a chance. |
Just saw this on the losers list today.
I see that Pico is still cheerleading...... as I said before I hope Anites' PR agency is paying you good money!
Their last couple of statements have been pretty positive but the share price is unable to gain any traction.
Still glad I took my loss last year as I would be in a bigger loss position now.
I kept them on my watch list and very nearly bought in after the last positive statement but as the old saying goes....once bitten twice shy!
Some day they will regain traction but really this was an object lesson for me in terms of hanging onto a failing company.
I very nearly sold at a 10% loss when it spiked in Jan 14 but decided to hold only to sell out for a much larger loss several months later.
LESSON - Profit warnings never come on their own, sell on the first warning even if that means taking a loss. |
another "tree shake" |
Werty5, your theory is fine. The MM's are testing the water early on a Monday Morning that's all. |
Oh well unless we get a bounce back today that seems to have blown my chart theory out of the water. Still happy where I have brought judging by the last statement and this being the all important last quarter I still have faith the price will recover soon. |
Hi Picobird see your still waving the Anite flag good on you can't fault your dedication. I also use candlesticks personally but I find a closed line chart is easier to get your point across to others who may not use charts so much. |
Werty5
You must be a mind reader. We got that bounce I mentioned a few days ago. I have been looking to try & establish that there may be a bull flag that has formed. I think there is one with a breakout about to happen, also there has been nice buying pressure this week.
Still working on my TA but I also bought in again this pm.
Actually there are some nice buys to be had in some other tech companies, they are on my watchlist or already bought. DYOR as usual.
Prefer the Candlestick markers myself, they show more detail. |
A chart for anyone who cares which details what I see as a possible developing trend and an area of old resistance which might become new support?????
free stock charts from uk.advfn.com |
Been watching a while and brought back in today. I liked the tone of the last management statement. The price seems reasonable especially after the recent pullback. Looking at the chart a nice trend seems to be forming and I am waiting to see if old resistance becomes new support. Good luck all holders. |
Christopher Humphrey has 1,893,913 Anite shares - majority accumulated via the management incentive plan. Time for Humphrey & Co to step down. |
All unhappy shareholders - register for a Management change at the link below : |
No Werty, I used to live in the area but not in that village. It's just a random internet name that I used to use in online gaming and has its own hotmail address so I continue to use it because I own it. |
Remember that area from the sixties. Used to get a free air show every year with the red arrows flying overhead. It would have been interesting to have had the plane app with all the planes stacking for the approach to Heathrow.
Incidentally, changing the subject. The dips in the price for any stock allow not only new buyers to buy into a share but also a window of opportunity for a bit of money making until the stock price returns to where it was (normally before close of trade).
Existing holders are not normally bothered by the resultant small fluctuation which after all are only a result of supply & demand. It also allows existing holders to buy in on the 'dips'.
This is all pretty standard practice for players in the market. So dips can be 'nice', especially when switching between stocks or topping up as it allows for a higher profit margin when doing so.
If prices did not go up & down TA would not exist & candlestick markers would become redundant.
Trading is not something that I would advocate, as 90% of traders lose money but there can be a niche in an area for semi trading. It also pays to know a company's field of operation 'inside out' even if the knowledge has the effect of 'boring one to death'. |
Tatsfield are you from Tatsfield near Biggin hill? |
indeed deanowls, and the market would appear to agree... |
Whatever is wonderful about this company I wish they would highlight it, it's boring me to death. |
Looked like a tree shake but turned out to be a drop in the share price to equal out buys & sells.
TBH although AIE is my best share ( on merit ), my holdings change on a weekly basis.
Tatsfield hit the spot regarding the share price
The share price looks 'ripe' for that bounce now.
FWIW, for anyway wanting to buy in, now might just be the right time.DYOR |
Really bad time for a tree shake - FTSE at all time high etc |
If I were still a holder I wouldn't be too happy. A "nice" tree shake???
:-/ |
Nice tree shake today. |
Certainly agree about the 'awesome' remark above. I think the key to holding Anite is semi trading around them if that makes sense.
Their reputation will grow as the company expands.
Chart looks good for another bounce.
I am beginning to think that there is room for the term 'trading investor', rather than making a sharp divide between the two.
News
17/03/2015
17/03/15 Anite and technology laboratory CTTL-Terminals collaborate to accelerate LTE and LTE-Advanced MIMO OTA testing |
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